Checklist to Understand Before Buying a Plot
Real Estate / by Saran raj / 132 views
The best investment on earth is the investment on earth. Most of us have a long-term desire and dream about owning a plot.
Nobody can deny the fact that plots score higher than other types & also it is a most preferred form of investment with a healthy, highly appreciable return on investment.
A careful analysis is a must on buying a plot. Always have clarity about the factors to be analyzed and properly checked before choosing the best plot.
The first priority is to choose the best builders in Chennai. The condition and stability of the best builders are the most important factor.
There will be clear documentation. Great appreciation is focused and forecasted according to Location, Current facilities, Upcoming facilities.
Analyze the market risk of the plot for sale, sometimes the risk is high on investment. Check whether there are any upcoming government projects in that area. If it is so, then the government may approach the site for their project.
Check whether buying a plot on residential have proper CMDA and DTCP approval.
Check the documents of the plot are legally perfect and have a proper sanction plan.
Check whether plot documents are properly registered with Tamil Nadu Real Estate Regulation Authority according to Tamil Nadu Real Estate Regulation and Development Act.
- Listing ID: 18140